Peru

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General: Peru (Spanish: Perú, Quechua: Piruw, Aymara: Piruw) officially the Republic of Peru (Spanish: República del Perú [re'pu.ßli.ka del pe'?u] (help·info)), is a country in western South America, bordering Ecuador and Colombia to the north, Brazil to the east, Bolivia to the south-east, Chile to the south, and the Pacific Ocean to the west. Peru was the cradle of
the Inca empire, and later the seat of the Viceroyalty
of Peru which had jurisdiction over all of Spanish
South America. It is the home of many indigenous
ethnic groups. Currency: The nuevo sol (plural: nuevos soles) (S/.) is the monetary unit (currency) of Peru. It is subdivided into 100 céntimos. The nuevo sol was introduced on 1 July 1991 to replace the highly inflated inti at a rate of 1 nuevo sol = 1,000,000 intis. Coins denominated in the new unit were introduced on 1 October 1991 and the first banknotes on 13 November 1991. The ISO 4217 currency code is PEN. The name is a return to that of Peru's historic currency, the sol in use from the 19th century to 1985. Although the derivation of sol is from the Latin solidus, the name means sun in Spanish. There is a continuity therefore with the old inti, which was named after Inti, the Sun God of the Incas. Language: Spanish, Quechua and Aymara. |
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